2016-03-03

China's Nominal GDP Growth Was 4.25% in Q4 2015

Bloomberg: China's Other Growth Figure Is Flashing a Warning
Gross domestic product in dollars, unadjusted for price changes, rose just 4.25 percent in the fourth quarter of 2015 compared with the same period of 2014 -- a gain of $439 billion. Just two years before, China added $1.1 trillion to the global economy, expanding 13 percent from a year earlier.
Earlier in the year, some provinces reported negative quarter-on-quarter growth.China Northeast in Recession, Unadjusted Nominal GDP Declines

Debtors needs rising nominal GDP, rising incomes, rising profits.

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